Konica Minolta Enters Telephony Market with Acquisition of TLS.NET

Leading Technology Company selects established voice provider to introduce new service to its growing office solutions portfolio

Ramsey, N.J. – July 26, 2017 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) a leader in technology and information management services, today announced its acquisition of Columbus, Indiana based TLS.NET, a Managed IT Services company that specializes in voice, cloud and IT solutions.

The latest addition to the company’s All Covered IT Services division, TLS.NET technology expands Konica Minolta’s rapidly expanding portfolio of innovative workplace solutions, allowing clients to move their company’s voice services to the cloud – resulting in greater scalability and security. What’s more, these solutions are compatible with a wide range of phone services and can be tailored to customer needs, an important feature in Konica Minolta’s mission to create greater value for all its customers.

With roughly 30 years of industry experience, TLS.NET harnesses a deep understanding of the telephony industry. Together with Konica Minolta, the teams will work to enhance existing offerings and grow use of this technology among an established customer base in need of voice services.

“Since 1986, we have always been able to bring a passion for technology and a commitment to continuous improvement around our core base of clients in the Midwest. With this transition to become part of All Covered, we know that we have found an organization that will allow us to continue our entrepreneurial spirit while creating the global compliance and processes needed for today’s Cloud and Cyber Security challenges,” said Phil Luzius, Chief Operating Officer and Owner of TLS.NET, Inc. “The opportunities that lie before us in cloud, voice, and managed IT utilize the strengths of both companies and allow us to bring the benefits to our clients, employees and, of course, our local communities.”

“We are very happy to bring a strong and trusted player in the voice services industry to the Konica Minolta and All Covered family,” said Todd Croteau, President of All Covered. “We are excited to integrate their services into our Workplace of the Future portfolio and to bring this much needed solution to our clients nationwide”

About TLS.NET

Founded in Indiana in 1986, TLS.NET is a network engineering firm and provider of cloud solutions, voice services, and managed IT services. For decades TLS.NET has been engineering and supporting solutions for companies demanding high growth and security. A local help desk makes knowledgeable support engineers available for day-to-day business needs and proactive help for your business. Incorporating technical proficiency with common sense and strong, positive client relationships has earned TLS.NET an excellent reputation.

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is reshaping and revolutionizing the Workplace of the Future™ (www.reshapework.com). With our comprehensive portfolio, we deliver solutions to leverage mobility, cloud services, and optimize business processes with workflow automation. Our All Covered IT Services division offers a range of IT strategy, support, and network security solutions across all verticals. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for 10 consecutive years and is proud to be ranked on the Forbes 2017 America's Best Employers list. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for five years in a row. We partner with our customers to give shape to ideas and work to bring value to our society. Follow Konica Minolta on Facebook, YouTube, and Twitter @KonicaMinoltaUS.

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TLS.NET

In business since 1986, TLS.NET is a managed IT services company that provides voice and infrastructure
cloud solutions with senior level network engineering. For decades TLS.NET has been engineering and
supporting solutions for companies demanding high growth and security. TLS.NET lives up to the philosophy
that above-and-beyond customer service and senior level IT services can be combined in one client
experience.